Rachel Bells Havens Is a Friend of Yours from High

Essay

Rachel Bells Havens is a friend of yours from high school. She decided to become a beautician after leaving high school rather than to attend college. She recently opened her own shop and has contracted her services to a local hospital. She is paid a monthly fee for her services and receives a small gratuity from each of the patients.
She has just received her first set of financial statements from her accountant. She is quite upset. The statements show a cash balance of $3600 at the end of the month but a net income of only $500. She has written you a letter asking you whether such a situation is possible or whether she should find another accountant.
Required:
Write a short letter to your friend. Use proper form. Answer her question completely but briefly.